The Archive · 1935

LOCAL SIDE ISSUE OF CER. SALE

Claim by Russo-Asiatic Bank Liquidator

Action has been taken in Shanghai nan attempt to prevent the disposal of the properties in Shanghai of the Chinese Eastern Railway which, It has been pointed out by a spokesman of the Tokyo Foreign Office, will be Included in the agreement for the sale of the line to Manchoukuo by Soviet Russia, "Messrs, F. J. Schuh, Wayloo Z..N. Yang, and Yao Yung-li, on bee half of Mr. Perey Chu, liquidator the Russo-Asiatic Bank, have fled 'a claim in the Shanghai District Court in Nantao for the recovery of $500,- (637.82, representing sums' allegedly advanced to the railway by the Husso-Asiatic Bank up to December, 1924.

'A further application has been filed by the legal representatives of Mr. Chu for a Court order restraining the Chinese Eastern Railway from trans ferring any of its properties in Shanghai until the final determination of the action. The restraining order affects the railway's Yangkadoo Whart in Pootung, and, in the event of judgment being against the railway in the action, and should the railway fall and refuse to pay the amount claimed, the Court is requested to sell the Yangkadoo Wharf and any other properties of the railway found within the jurisdiction of the Court, in order to satisfy the creditors' claim, Mr. Schuhl declared on Thursday that certain properties of the Chin ese Eastern Railway in Shanghai were registered at the American Consulate-General,

Text read from the printed page and cleaned; old type leaves the occasional error.

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